Arbeitspapier
Micro-evidence on rent sharing from different perspectives
This article provides evidence of rent sharing from orthogonal directions by exploiting different dimensions in the same data. Taking advantage of a rich matched employer-employee dataset for France over the period 1984-2001, we consistently compare across-industry heterogeneity in rent-sharing parameters derived from three different approaches. The accounting approach and the standard labor economics approach are compatible with distinct labor bargaining settings (right-to-manage, efficient bargaining, labor hoarding) whereas the productivity approach hinges on the assumption of efficient bargaining. Across the different approaches, we evidently find differences in dispersion of the rent-sharing parameter estimates which could be attributable to differences in modeling assumptions and/or data requirements but these estimates lie within a comparable range. We interpret the latter finding as lending empirical support to efficient bargaining as the nature of the bargaining process in France over the considered period.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 4871
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Firm Behavior: Theory
Wage Level and Structure; Wage Differentials
Trade Unions: Objectives, Structure, and Effects
- Thema
-
Rent sharing
wage equation
production function
matched employer-employee data
Lohnverhandlungen
Lohnstruktur
Produktionsfunktion
Panel
Frankreich
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dobbelaere, Sabien
Mairesse, Jacques
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dobbelaere, Sabien
- Mairesse, Jacques
- Institute for the Study of Labor (IZA)
Entstanden
- 2010